Lake Street sets USD 10 target for Fossil Group stock

Published on 10/20/2026 at 21:21 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Market value was USD 401.3 million on October 20, 2026. Fossil Group stock costs EUR 6.05 on October 20, 2026, up 0.75 percent versus the Tradegate close.

Analyst view and price frame

Lake Street initiated coverage with a USD 10.00 target on October 7, 2026.
Fossil Group had a USD 401.3 million market value on October 20, 2026.
Fossil Group stock costs EUR 6.05 at Lang & Schwarz on October 20, 2026, 0.75 percent above the Tradegate close of October 20, 2026.
Fossil Group is expected to report third-quarter 2026 results on November 12, 2026.

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Lake Street analyst Ryan Meyers initiated coverage of Fossil Group with a Buy rating and a USD 10.00 price target on October 7, 2026, according to Markets Insider. The target is 47.28 percent above the Nasdaq price of USD 6.79 at 3:18 p.m. EDT on October 20, 2026. At Lang & Schwarz, Fossil Group stock was trading at EUR 6.05 on October 20, 2026 at 9:15 p.m. CEST, 0.75 percent above the Tradegate close of EUR 6.01 on October 20, 2026.

Lake Street backs the turnaround

The analyst case centers on Fossil's exit from connected watches, lower promotional activity, store closures and more than USD 100.00 million in annual selling, general and administrative cost reductions. The company also refinanced near-term debt maturities, according to the same October 7 report from Markets Insider.

Stock remains near its yearly high

Fossil Group traded at USD 6.79 on Nasdaq at 3:18 p.m. EDT on October 20, 2026, against a 52-week range of USD 1.70 to USD 7.39. The price was 8.12 percent below the yearly high and 299.41 percent above the yearly low. Year-to-date performance stood at 79.50 percent, while volume reached 1.07 million shares.

Valuation meets a November date

Fossil Group had a market value of USD 401.3 million on October 20, 2026. Its trailing earnings per share were negative USD 1.27, so a meaningful trailing price-to-earnings comparison was unavailable. MarketBeat listed November 12, 2026 as the estimated date for Fossil Group's third-quarter 2026 results, after the market close, with a conference call scheduled for 5:00 p.m. ET.

Fossil Group describes its business as the design, marketing, distribution and innovation of lifestyle accessories, including watches, jewelry, handbags and small leather goods, through owned and licensed brands, according to its Fossil Group investor relations page. The current market picture therefore combines a target well above the Nasdaq price with a stock still positioned close to its yearly high.

Price stays below the target

The Nasdaq quote of USD 6.79 on October 20, 2026 places Fossil Group 32.10 percent below Lake Street's USD 10.00 target. The euro quote was EUR 6.05 at Lang & Schwarz on October 20, 2026 at 9:15 p.m. CEST, versus the Tradegate close of EUR 6.01 on October 20, 2026. The further course of trading is shown by the continuously updated real-time quote of Fossil Group stock.